Franklin Electric (NASDAQ:FELE) announced a dividend of $0.0775 with a Dividend Ex. Date of May 14. That’s a 6.9-percent increase versus the previous dividend of $0.0725. The new dividend yield is 1.9 percent.
Sabine Royalty Trust (NYSE:SBR) announced a dividend of $0.352 with a Dividend Ex. Date of May 13. That’s a 20.11-percent decrease versus the previous dividend of $0.4406. The new dividend yield is 7.1 percent.
Dividend changes can help investors discover the financial health of a company. In fact, “A = A-Level Management Runs the Company” is a core component of our CHEAT SHEET investing framework and dividend changes can provide clues whether management is properly stewarding your investment. For more detailed analysis of companies with solid dividend performance, don’t waste another minute — click here and get our CHEAT SHEET stock picks now.